Compass Point Cuts James River Group (NASDAQ:JRVR) Price Target to $6.25

James River Group (NASDAQ:JRVR - Get Free Report) had its target price cut by stock analysts at Compass Point from $7.75 to $6.25 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a "buy" rating on the insurance provider's stock. Compass Point's price objective indicates a potential upside of 55.47% from the company's current price.

Other research analysts have also issued research reports about the company. JMP Securities dropped their target price on James River Group from $11.00 to $8.00 and set a "market outperform" rating on the stock in a report on Friday, December 20th. StockNews.com lowered shares of James River Group from a "hold" rating to a "sell" rating in a research report on Friday, March 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $6.06.

James River Group Stock Down 2.2 %

NASDAQ:JRVR traded down $0.09 during trading hours on Monday, hitting $4.02. The company's stock had a trading volume of 279,020 shares, compared to its average volume of 455,480. The stock has a market capitalization of $183.49 million, a P/E ratio of -0.99 and a beta of 0.04. James River Group has a 52-week low of $3.00 and a 52-week high of $9.56. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.38. The stock has a fifty day moving average of $4.67 and a 200-day moving average of $5.42.

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James River Group (NASDAQ:JRVR - Get Free Report) last posted its earnings results on Monday, March 3rd. The insurance provider reported ($0.99) earnings per share for the quarter, missing the consensus estimate of ($0.33) by ($0.66). The firm had revenue of $126.71 million during the quarter, compared to analysts' expectations of $159.91 million. James River Group had a negative net margin of 20.84% and a positive return on equity of 3.90%. During the same period in the previous year, the firm posted $0.33 earnings per share. On average, equities analysts forecast that James River Group will post -0.35 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Aquatic Capital Management LLC purchased a new stake in shares of James River Group during the 4th quarter worth $41,000. ProShare Advisors LLC purchased a new position in James River Group in the fourth quarter valued at about $51,000. Quantbot Technologies LP lifted its position in shares of James River Group by 24.8% during the 4th quarter. Quantbot Technologies LP now owns 12,556 shares of the insurance provider's stock valued at $61,000 after acquiring an additional 2,498 shares during the period. Intech Investment Management LLC acquired a new stake in shares of James River Group in the 4th quarter worth approximately $68,000. Finally, SG Americas Securities LLC grew its holdings in James River Group by 41.6% in the fourth quarter. SG Americas Securities LLC now owns 15,616 shares of the insurance provider's stock valued at $76,000 after purchasing an additional 4,586 shares during the last quarter. Institutional investors and hedge funds own 95.21% of the company's stock.

James River Group Company Profile

James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance services. It operates through Excess and Surplus Lines, and Specialty Admitted Insurance segments. The Excess and Surplus Lines segment underwrites liability and property insurance in the United States Puerto Rice, and the United States Virgin Islands.